Fund Evaluation Group, LLC, (FEG), a leading investment advisory firm, announced that head of institutional investments, Nolan M. Bean, CFA, CAIA, was recently named one of the top 10 institutional investment consultants in the business by Chief Investment Officer (CIO) magazine.
The magazine included Bean on its 2016 Knowledge Brokers list, an annual ranking of the world’s most influential consultants in the investment universe. Sourced from interviews with pension and nonprofit CIOs, asset managers, and former consultants, the Knowledge Brokers represents CIO magazine’s list of the top investment consultants in the industry.
When interviewed for the award, Bean commented that just about everything is too expensive in today’s market. “We’ve stolen returns from the future,” he said. “I’m hard-pressed to see how we’re going to deliver good returns out of the S&P 500 going forward.” He added rather than reaching for yield or ramping up risk to deliver the needed returns, investors should exercise discipline in their investment program. “You need a disciplined risk management approach so that when there are good opportunities in the market you have the wherewithal to actually take advantage of them.”
Bean joined FEG in 2004 and is one of 15 managing principals. His primary focus is working with some of the firm’s largest consulting clients. In addition, Bean oversees the firm’s overall institutional investment strategy. As part of this role, he sits on the firm’s Investment Policy Committee, which sets strategic vision, approves capital market assumptions, and approves managers for inclusion in FEG’s recommended list, as well as the Investment Advisory Committee, which helps align client interests with the firm’s discretionary portfolio management team through dynamic feedback and advice.
About Fund Evaluation Group, LLC: Fund Evaluation Group, LLC (FEG) provides investment consulting, portfolio management, and research services to clients nationwide. Established in 1988, the independently-owned firm has approximately $53 billion in total client assets under advisement. FEG service lines include FEG Consulting, which provides traditional, nondiscretionary investment consulting services to institutions; FEG Managed Solutions, which provides outsourced CIO and discretionary portfolio management services for institutions and financial intermediaries; and FEG Research Services, which provides traditional and alternative strategies’ investment manager research, due diligence and monitoring. For more information, visit www.feg.com.
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